Improve approval speed and reduce risk with consistent,
AI-powered industry classification.
Lending institutions rely on accurate industry classification for risk and compliance, but manual methods are slow, inconsistent, and hard to scale. HyperVerge’s AI-driven engine transforms fragmented business data into reliable SIC/NAICS codes for faster, smarter decisions.
For small business lenders, accurate industry classification is essential for risk assessment, compliance
and portfolio management, but the process is often manual, time-consuming, prone to errors
and inefficient at scale
Our intelligent small business lending solution harnesses the power of generative AI to
automate and refine the process of industry classification
Jio partners with HyperVerge for Swift Customer Onboarding
HyperVerge delivered way more than what was expected. Couldn’t have asked for more.
Kiran Thomas
President, Jio Telecom
CIMB is very proud to be associated with HyperVerge
Over the past year, we’ve had a phenomenal experience partnering with them for our eKYC journey.
Rachel Nguyen
Director, CIMB Vietnam
Fintech giant slice scales onboarding with HyperVerge.
Even at scale, we’ve never had escalations. Teams have resolved any issues with the HV team seamlessly. This is exactly what we want.
Mahima Garg
Chief Risk Officer, Slice
MPL used HyperVerge KYC to stop millions of bad actors
We were able to reduce the number of cases of cyber crime complaints or chargebacks after we went live with HyperVerge.
Krishna M Vedula
VP Payments, MPL
Industry classification is important for small business lenders as it helps assess risk, comply with regulations, and manage portfolios more accurately.
We use business names, websites, bank transactions, addresses, and online directories for our industry classification.
We use advanced matching techniques and alternative data points to arrive at SIC/ NAICS codes of the businesses with limited online presence.